DOGE/USDT – 1H – SELLThe pair Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 0.14862 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.15972 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.16294 |
| 2nd High | 0.15973 |
| Next High | 0.15972 |
| Current Price | 0.155270000 |
| Next Low | 0.14862 |
| 2nd Low | 0.14585 |
| 3rd Low | 0.14279 |
0.15504 – 0.15397 – 0.1493 – 0.14862 – 0.14585 – 0.14279 — 64.532902179671 – 62.297986587316 — 79.875945092858 – 75.042208030537 – 87.285391535557 – 80.613668061367
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –